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Ciena (CIEN)

(Delayed Data from NYSE)

$48.57 USD

48.57
967,078

-0.53 (-1.08%)

Updated May 13, 2024 04:00 PM ET

After-Market: $48.56 -0.01 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 2% (245 out of 251)

Industry: Fiber Optics

Better trading starts here.

Zacks News

Ciena (CIEN) Misses Q4 Earnings Estimates, Beats on Revenues

Ciena's (CIEN) fourth-quarter fiscal 2021 results reflect solid top-line expansion as a result of robust demand dynamics and new wins supported by strong order flow and liquidity position.

Ciena (CIEN) Q4 Earnings Lag Estimates

Ciena (CIEN) delivered earnings and revenue surprises of -1.16% and 0.97%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) Earnings Expected to Grow: Should You Buy?

Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ciena (CIEN) Wins Network Deployment Deals From Multiple Telcos

Ciena (CIEN) teams up with CityFibre and Telecom Egypt to augment their respective network capacities on the back of advanced optical technology.

Ciena (CIEN) Gains From Focus on Core Optical Networking, Tie-Ups

Accretive partnerships, higher demand for bandwidth, and focus on core optical networking solutions drive Ciena's (CIEN) momentum.

Ciena (CIEN) Beats Q3 Earnings Estimates on Record Revenues

Ciena's (CIEN) third-quarter fiscal 2021 results reflect a combination of its increasingly differentiated position in the marketplace and a strong demand environment.

Company News for Sep 3, 2021

Companies in the news are: CIEN, SIG, GMS, DOOO

Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 16.46% and 2.02%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Ciena (CIEN) to Report a Decline in Earnings: What to Look Out for

Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ciena (CIEN) to Boost Djibouti Telecom's Network Capacity

Ciena's (CIEN) GeoMesh Extreme submarine network solution uses the 6500 Packet-Optical Platform powered by the WaveLogic family.

The Zacks Analyst Blog Highlights: Skyworks Solutions, Broadcom, American Tower, Qualcomm and Ciena Corp

The Zacks Analyst Blog Highlights: Skyworks Solutions, Broadcom, American Tower, Qualcomm and Ciena Corp

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5 Stocks to Watch Amid the Continued 5G Boom

5G deployment is making steady progress and investors should keep a close watch on Skyworks Solutions (SWKS), Broadcom (AVGO), American Tower (AMT), Qualcomm (QCOM) and Ciena (CIEN).

Ciena (CIEN) Secures Multiple Contracts to Enhance Network Capacity

Ciena (CIEN) partners with WIN Technology and Lightpath to expand their network capacity and performance on the back of its innovative technologies.

Supriyo Bose headshot

Telecom Stock Roundup: AT&T Extends Edge Capabilities, Ciena Inks Lumea Deal & More

While AT&T (T) extends its business relationship with Google Cloud through immersive customer experiences, Ciena (CIEN) inks a deal with Lumea to revamp the latter's telco infrastructure.

Ciena (CIEN) WaveLogic Ai to Revamp Lumea Telco Infrastructure

Ciena (CIEN) teams up with Australia-based fiber network services provider, Lumea, to revamp the latter's network infrastructure on the back of the WaveLogic Ai technology.

Ciena (CIEN) Just Reclaimed the 20-Day Moving Average

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

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Telecom Stock Roundup: Verizon Launches On Site 5G, Ciena's Rural Thrust & More

While Verizon Communications (VZ) has launched On Site 5G for business enterprises, Ciena Corporation (CIEN) will deploy its networking solutions to enhance rural broadband connectivity of AccessOn.

If You Invested $1000 in Ciena 10 Years Ago, This Is How Much You'd Have Now

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

Ciena (CIEN) to Power Rural Connectivity of AccessOn Networks

Ciena's (CIEN) networking solutions will enable AccessOn to better manage bandwidth-intensive applications, drive innovation and expand services in remote areas.

Ciena (CIEN) Augments Cable Capacity With Batelco Partnership

Ciena (CIEN) teams up with Bahrain-based network services provider, Batelco, to revamp the network capacity of the Batelco Gulf Network cable system.

Company News for Jun 4, 2021

Companies In The News Are: CIEN, SJM, NTAP, PVH

Ciena (CIEN) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

Ciena's (CIEN) second-quarter fiscal 2021 results reflect a year-over-year decline in product sales due to the pandemic.

Ciena (CIEN) Moves 7.3% Higher: Will This Strength Last?

Ciena (CIEN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Earnings Preview: Ciena (CIEN) Q2 Earnings Expected to Decline

Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Supriyo Bose headshot

Telecom Stock Roundup: Verizon Boosts DOOH Portfolio, Ericsson Tests 5G & More

While Verizon (VZ) extended its Digital Out-of-Home portfolio with a one-stop solution for advertisers, Ericsson (ERIC) carried out successful tests for 5G network validity in cross border travel across vehicles.